Consolidated reference on Tribunal questions directed for High Court consideration under the Wealth-tax Act.

Applications for reference under the Wealth-tax Act were disposed of by directing that a consolidated statement of case be drawn up on the two questions arising from the Tribunal's order and referred to the High Court. The operative effect was to route the identified questions through a single consolidated reference rather than separate statements, so that the High Court could consider the issues on the Tribunal record.

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Outcome: The applications seeking reference under section 27(3) of the Wealth-tax Act, 1957 were disposed of by directing that a consolidated statement of case be drawn up on the two questions arising from the Tribunal's order and referred to the High Court.

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